Obviously it's tough to predict with certainty which big dam will break.
In 2008 there wasn't any zeitgeist warning or narrative the mortgage racket was about to explode. Yes, I've seen the Big Short but extremely few saw it coming.
So what's on the Bingo card now?
The obvious intangibles are the Russia -Ukraine proxy war, sky high global inflationary effects, supply chain disruptions and a looming US election.
What are some wilder potential black swan events?
Here's a list of the top:
-another mass viral outbreak -food shortages due to prices/hyper inflation -BRICS escalates armed conflict -bitcoin gets the blockchain reorganized by a quasi governmental tech team -a major global power loses control of inflation and bank run ensues, bitcoin adoption increases and there's a domino effect into other countries. Mass liquidation of fiat assets.
Well a lot could happen but I'm going to be devils advocate here and suggest that only GOOD black swan events could happen! Like they're positive and make change for the better! It's nice to think and view things like this and who knows... maybe they'll even transpire!
reply
Awesome perspective!
reply
Yeah. being postive is better. and it's 50/50 as to what may happen... so keep the glass half full might as well
reply
Depends if it's water... or something else yummy! Haha.
reply
Haha let's say it's... a good IPA
reply
Well then sir. I shall order 3. One for you. One for me. One for Satoshi!!!
This is the way 🍻
reply
Oh totally! 💯🔥
reply
I feel this!
reply
Lots of scenarios are possible...
reply
Yes! Chaos theory in a sense.
reply
reply
Except chaos theory also doesn't exist if you apply actual chaos theory.
reply
😆🤯 wait. You just divided by zero lols
Nothing will happen to bitcoin, although the USD quote price might temporarily suffer. Perhaps:
  • Binance loses ability to prop-up BNB and does a LUNA
  • SEC goes after LSTs and LSPs causing ETh DeFi decollateralization
  • ETF applications are rejected until crypto bill hits Senate floor
  • A sudden geo-political escalation or event
reply
Binance... Ick!
reply
How the ETF approvals shake out will determine a lot
reply
I agree. The fed is stalling for so long and God only knows what they're afraid of. Suckers
reply
Central bankers and the sec should be under way more scrutiny imo. Low key
reply
Agree and seconded
reply
The return of BITCONNECT
reply
reply
reply
So many ppl got scammed in crypto
reply
Def not 😑😒
reply